Fed's Kugler: Watching key employment sectors for effects of lower immigration

June 5 (Reuters) - Federal Reserve Governor Adriana Kugler on Thursday said she expects reductions in net immigration to the U.S. to make the job market tighter, and she said she will be watching several key employment sectors for evidence of that later this year.

Kugler, in an event at the Economic Club of New York, said the effects of lower immigration are likely to materialize in declining employment in sectors where immigrant labor is over-represented. Those include the construction, agriculture, leisure and hospitality, health, and food-processing sectors. She said the impacts may become visible in those later this year or in early 2026.